📉 BTC breaks below 113,000! Is it a pullback trap or a buying opportunity? Understand these 3 signals before acting 🚨
Last night, the crypto market collectively plunged: Bitcoin fell below the 113,000 USD mark, Ethereum dropped 5% in a single day to around 4,100 USD, and mainstream coins like Solana also faced significant declines. Is this downturn a correction in the bull market or the start of an adjustment? Analyze key signals before making a decision! 💡
🔍 Truth about the pullback: Macro and emotional resonance
The decline is not an isolated event: Before Fed Chair Powell's speech, the market preemptively hedged; the US tech stocks plummeted, creating a linkage (the correlation between Bitcoin and Nasdaq reached a new high of 0.5), with funds withdrawing from high-risk assets. Combined with prior leverage liquidation, this is similar to the self-correction following the frenzy at the end of 2024.
Be cautious: The total market value of cryptocurrencies, excluding Bitcoin, has dropped 41% since last December, and the scale of venture capital has halved. Structural signals are worth paying attention to ⚠️
📊 Key technical points
Bitcoin: 118,800 USD is recent support; falling below 117,300 requires caution for a trend reversal;
Ethereum: 4,000 USD is the bullish defense line, with the market currently in a tug-of-war around 4,100;
Common risks: Decreased trading volume + pullback pressure after RSI is overbought, indicating insufficient short-term momentum
🤔 Buy more or wait? Three types of strategies
Conservatives (risk-averse):
Wait for the Fed's policies to clarify, gradually build positions when Bitcoin hits 110,000 and Ethereum goes below 3,800, with individual position size ≤ 10%
Aggressives (long-term optimistic):
Use the pullback to position for Bitcoin's halving (in 2025, block rewards will decrease to 1.5625 coins, historically leading to significant increases), and invest weekly in mainstream coins
Flexibles:
Focus on safety margins — Bitcoin's 200-day moving average and Ethereum's strong support zone at 4,000 USD, set a stop loss at 5-8%
💡 Important reminder
The crypto market's connection with the macro economy deepens, and Trump's tariff policy's indirect effects on inflation may become an 'invisible straw'. Remember: bear markets often begin with 'policy uncertainty + liquidity contraction', but rebounds may occur at the most pessimistic times
Will you press your buying button? Buy the dip on mainstream coins or allocate to altcoins? Let's discuss strategies in the comments! 👇
